BMO US Put Write Hedged to CAD ETF CAD Units Trust UnitsBMO US Put Write Hedged to CAD ETF CAD Units Trust UnitsBMO US Put Write Hedged to CAD ETF CAD Units Trust Units

BMO US Put Write Hedged to CAD ETF CAD Units Trust Units

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Key stats


Assets under management (AUM)
‪30.35 M‬CAD
Fund flows (1Y)
‪7.23 M‬CAD
Dividend yield (indicated)
10.16%
Discount/Premium to NAV
0.02%
Shares outstanding
‪2.15 M‬
Expense ratio
0.74%

About BMO US Put Write Hedged to CAD ETF CAD Units Trust Units


Brand
BMO
Home page
Inception date
Feb 9, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
BMO Asset Management, Inc.
ISIN
CA05583V1058
The fund is actively managed to generate income by writing put options on US large-cap equities. The fund examines available option premiums in order to write short-dated, out-of-the-money put options, while investing the portfolio in cash and cash equivalents. To select put options, volatility, fundamental and technical factors, price sensitivity, and sector diversification are considered. The put options written by the ETF may either be exchange-traded or over-the-counter. Note that the fund may be subject to a loss if the stock prices decline significantly over the option period.

Broaden your horizons with more funds linked to ZPH via country, focus, and more.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ZPH trades at 14.19 CAD today, its price has risen 0.39% in the past 24 hours. Track more dynamics on ZPH price chart.
ZPH net asset value is 14.17 today — it's risen 1.96% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ZPH assets under management is ‪30.35 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ZPH price has risen by 0.71% over the last month, and its yearly performance shows a −3.47% decrease. See more dynamics on ZPH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.42% increase in three-month performance and has increased by 5.08% in a year.
ZPH fund flows account for ‪7.23 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ZPH invests in funds. See more details in our Analysis section.
ZPH expense ratio is 0.74%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ZPH isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ZPH technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ZPH shows the sell signal. See more of ZPH technicals for a more comprehensive analysis.
Yes, ZPH pays dividends to its holders with the dividend yield of 10.16%.
ZPH trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ZPH shares are issued by Bank of Montreal
ZPH follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 9, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.